As the post states, ‘Attractively priced for a quick sale’. A lettable spec as it currently stands, but I would suggest making some improvements to the flooring and décor. The location is ideal being about a mile or so from M6 junction 10. There is also a wide selection of schools within half a mile radius including Lodge Farm junior and mixed infant school and Willenhall E-ACT Academy.
The current asking price is £75000 and based on a rental of £450.00 pcm will return a yield of 7.20%. The appraised rent on this is average for this property type in this area plus I am unable to confirm if there is double glazing, however there is gas central heating. Interestingly, there seems to be some capital growth here as the value has increased almost 72% in the last 19 years.
Currently on offer with National Residential (01978 255 862) click here for details http://www.zoopla.co.uk/for-sale/details/40053930 and arrange a viewing.
If you wish to discuss this property further and have a detailed discussion about my opinion and thoughts of whether this is the right investment for you, please feel free to get in touch. I am happy to share my opinion on any other property or properties you are thinking of purchasing. Just send me the link.
Phone: 01922 311016